Page 235 - FY 2022-23 Revenue Outlook

REVENUE MONTHLY STATUS REPORT
Local Public Safety Fund
(Thousand Dollars)

2018-19 2019-20 2020-21 2021-22 2022-23
MONTHLY ACTUAL ACTUAL ACTUAL BUDGET ACTUAL VARIANCE REVISED PROPOSED
JULY $ 3,256 3,603 2,799 3,630 4,014 384 4,014 4,260
AUGUST 4,536 4,395 4,033 4,700 5,044 344 5,044 5,510
SEPTEMBE 3,817 3,676 3,785 3,920 4,456 536 4,456 4,600
OCTOBER 3,553 3,715 3,653 3,730 4,152 422 4,152 4,380
NOVEMBER 3,471 3,743 3,601 3,650 4,182 532 4,182 4,290
DECEMBER 4,496 4,531 4,458 4,650 5,061 411 5,061 5,460
JANUARY 3,424 3,713 3,806 3,640 4,228 588 4,228 4,270
FEBRUARY 3,502 3,773 3,751 3,700 4,236 536 4,236 4,340
MARCH 5,201 5,311 4,776 5,490 5,900 410 5,900 6,440
APRIL 3,516 3,416 3,340 3,540 4,275 4,150
MAY 3,053 3,018 3,416 3,240 4,275 3,800
JUNE 4,153 3,215 4,869 4,610 4,277 5,410
TOTAL $ 45,979 $ 46,110 $ 46,288 $ 48,500 $ 54,100 $ 56,910
% Change 4.9% 0.3% 0.4% 4.8% 16.9% 5.2%
2018-19 2019-20 2020-21 2021-22 2022-23
CUMULATIVE ACTUAL ACTUAL ACTUAL BUDGET ACTUAL VARIANCE REVISED PROPOSED
JULY $ 3,256 3,603 2,799 3,630 4,014 384 4,014 4,260
AUGUST 7,792 7,998 6,832 8,330 9,058 728 9,058 9,770
SEPTEMBE 11,609 11,674 10,617 12,250 13,514 1,264 13,514 14,370
OCTOBER 15,162 15,389 14,270 15,980 17,666 1,686 17,666 18,750
NOVEMBER 18,633 19,133 17,871 19,630 21,848 2,218 21,848 23,040
DECEMBER 23,129 23,664 22,329 24,280 26,909 2,629 26,909 28,500
JANUARY 26,553 27,377 26,135 27,920 31,137 3,217 31,137 32,770
FEBRUARY 30,055 31,150 29,886 31,620 35,373 3,753 35,373 37,110
MARCH 35,256 36,461 34,662 37,110 41,273 4,163 41,273 43,550
APRIL 38,772 39,877 38,002 40,650 45,548 47,700
MAY 41,826 42,895 41,418 43,890 49,823 51,500
JUNE 45,979 46,110 46,288 48,500 54,100 56,910

In 1993, State legislation provided for the allocation of 1/2 cent sales tax to local government. Proposition 172
was approved by voters in November 1993 which extended the allocation exclusively for public safety purposes.
Funds are allocated by the Board of Equalization to counties, which in turn, distribute a portion to cities. A city's
share is determined by the amount of property taxes shifted to schools in the 1993-94 State budget and further
adjusted by other State actions.
Since 1999-2000 growth in fund revenue has mirrored growth in the City's sales tax revenue. Growth has
diverged in 2019-20 and 2020-21 due to the differing impact the pandemic has had on City and State taxable
sales activity. The revised and proposed budget are in line with estimated growth for statewide sales tax revenue.

Local Public Safety Trust Fund
(Million Dollars)
-
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55
D Adopted Revenue I I ♦
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Estimated Revenue
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I
I I Y
45 I I 48.5
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40 I
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35 I
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30 I
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25
07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23
Fiscal Year Ending
217